Atomic Minerals Concludes Debt Settlement
For Immediate Release
PRESS RELEASE August 29, 2025 Symbol: TSX-V: ATOM
Atomic Minerals Concludes Debt Settlement
| Vancouver, British Columbia, August 29, 2025 –Atomic Minerals Corporation ("ATOMIC | |
| MINERALS" or the "Company") (TSX Venture: ATOM) Further to its news release on July 8, 2025, | |
| the Company has received TSX Venture Exchange approval to settle outstanding | debt with certain arm’s |
length third parties and two directors.
Effective August 27, 2025, the Company has allotted and issued an aggregate of 6,527,500 common shares in the capital of the Company (each, a “Share”) at a deemed price of $0.05 per Share, to settle a total indebtedness of CAD$326,375 (the "Transaction”).
The Company resolved to extinguish the outstanding indebtedness with Shares and preserve its cash for operations. Two directors each settled $30,000, net of GST, in exchange for 600,000 common shares of the Company. All Shares issued pursuant to the Transaction are subject to a four-month and one-day hold period expiring on December 28, 2025.
About the Company
Atomic Minerals Corporation. is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM. Led by a highly skilled management and technical team with a proven track record in the junior mining sector. Our objective at Atomic Minerals is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.
Currently, our property portfolio contains Uranium projects with significant technical merit in two locations known for hosting Uranium production in the past. we have three on the Colorado Plateau, within the continental United States. The plateau has previously produced 597 million pounds of U3O8 The other recently acquired property is located in the prolific Athabasca region in Saskatchewan, Canada and the Mount Laurier property recently acquired is located in Quebec, Canada.
For additional information, please visit the Company's website at www.atomicminerals.ca
ON BEHALF OF THE BOARD OF DIRECTORS
Atomic Minerals Corporation | 830 -1100 Melville Street | Vancouver, BC | V6E 4A6 | Telephone: (604) 644-6794 “Clive Massey”
Clive H. Massey President & CEO
For further information, please contact:
+1 (604) 341-6870 [email protected]
Neither TSX Venture Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements:
This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Atomic Minerals Corporation management on the date the statements are made. Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Atomic Minerals Corporation | 830 -1100 Melville Street | Vancouver, BC | V6E 4A6 | Telephone: (604) 644-6794